Budi Starch & Sweetener Tbk (BUDI) - Net Assets

Latest as of September 2025: Rp1.69 Trillion IDR ≈ $99.16 Million USD

Based on the latest financial reports, Budi Starch & Sweetener Tbk (BUDI) has net assets worth Rp1.69 Trillion IDR (≈ $99.16 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp4.02 Trillion ≈ $235.60 Million USD) and total liabilities (Rp2.33 Trillion ≈ $136.44 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Budi Starch & Sweetener Tbk asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp1.69 Trillion
% of Total Assets	42.09%
Annual Growth Rate	9.5%
5-Year Change	22.47%
10-Year Change	46.5%
Growth Volatility	29.94

Budi Starch & Sweetener Tbk - Net Assets Trend (2000–2024)

This chart illustrates how Budi Starch & Sweetener Tbk's net assets have evolved over time, based on quarterly financial data. Also explore Budi Starch & Sweetener Tbk (BUDI) total assets for the complete picture of this company's asset base.

Annual Net Assets for Budi Starch & Sweetener Tbk (2000–2024)

The table below shows the annual net assets of Budi Starch & Sweetener Tbk from 2000 to 2024. For live valuation and market cap data, see BUDI stock market capitalisation.

Year	Net Assets	Change
2024-12-31	Rp1.62 Trillion ≈ $94.88 Million	+1.75%
2023-12-31	Rp1.59 Trillion ≈ $93.25 Million	+10.12%
2022-12-31	Rp1.45 Trillion ≈ $84.67 Million	+4.13%
2021-12-31	Rp1.39 Trillion ≈ $81.31 Million	+4.96%
2020-12-31	Rp1.32 Trillion ≈ $77.47 Million	+2.87%
2019-12-31	Rp1.29 Trillion ≈ $75.31 Million	+4.80%
2018-12-31	Rp1.23 Trillion ≈ $71.87 Million	+2.66%
2017-12-31	Rp1.19 Trillion ≈ $70.00 Million	+2.55%
2016-12-31	Rp1.16 Trillion ≈ $68.26 Million	+5.40%
2015-12-31	Rp1.11 Trillion ≈ $64.76 Million	+21.01%
2014-12-31	Rp913.35 Billion ≈ $53.52 Million	+3.19%
2013-12-31	Rp885.12 Billion ≈ $51.86 Million	+3.63%
2012-12-31	Rp854.13 Billion ≈ $50.05 Million	+5.31%
2011-12-31	Rp811.03 Billion ≈ $47.52 Million	+1.06%
2010-12-31	Rp802.55 Billion ≈ $47.03 Million	+2.47%
2009-12-31	Rp783.19 Billion ≈ $45.89 Million	+20.73%
2008-12-31	Rp648.69 Billion ≈ $38.01 Million	-2.26%
2007-12-31	Rp663.66 Billion ≈ $38.89 Million	+148.14%
2006-12-31	Rp267.46 Billion ≈ $15.67 Million	+14.67%
2005-12-31	Rp233.24 Billion ≈ $13.67 Million	+1.35%
2004-12-31	Rp230.14 Billion ≈ $13.49 Million	+37.51%
2003-12-31	Rp167.37 Billion ≈ $9.81 Million	+2.00%
2002-12-31	Rp164.09 Billion ≈ $9.61 Million	+5.26%
2001-12-31	Rp155.90 Billion ≈ $9.13 Million	-14.93%
2000-12-31	Rp183.26 Billion ≈ $10.74 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Budi Starch & Sweetener Tbk's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 57803200000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Rp578.03 Billion	38.85%
Common Stock	Rp562.38 Billion	37.80%
Other Comprehensive Income	Rp243.35 Billion	16.35%
Other Components	Rp104.15 Billion	7.00%
Total Equity	Rp1.49 Trillion	100.00%

Budi Starch & Sweetener Tbk Competitors by Market Cap

The table below lists competitors of Budi Starch & Sweetener Tbk ranked by their market capitalization.

Company	Market Cap
Autopedia Sukses Lestari Tbk PT JK:ASLC	$55.27 Million
Marine & General Bhd KLSE:5078	$55.30 Million
Inv Tricahue SN:TRICAHUE	$55.34 Million
UAC Global Public Company Limited BK:UAC	$55.35 Million
Zenith Energy Ltd OL:ZENA	$55.26 Million
Wir Asia Tbk PT JK:WIRG	$55.26 Million
Shin Shin Co Ltd TW:2901	$55.23 Million
Equity Metals Corp V:EQTY	$55.18 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Budi Starch & Sweetener Tbk's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,466,981,000,000 to 1,487,906,000,000, a change of 20,925,000,000 (1.4%).
Net income of 61,624,000,000 contributed positively to equity growth.
Dividend payments of 40,491,000,000 reduced retained earnings.
Other comprehensive income increased equity by 500,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Rp61.62 Billion	+4.14%
Dividends Paid	Rp40.49 Billion	-2.72%
Other Comprehensive Income	Rp500.00 Million	+0.03%
Other Changes	Rp-708.00 Million	-0.05%
Total Change	Rp-	1.43%

Book Value vs Market Value Analysis

This analysis compares Budi Starch & Sweetener Tbk's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.63x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 1.39x to 0.63x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	Rp150.90	Rp210.00	x
2009-12-31	Rp181.39	Rp210.00	x
2010-12-31	Rp185.93	Rp210.00	x
2011-12-31	Rp187.06	Rp210.00	x
2012-12-31	Rp203.93	Rp210.00	x
2013-12-31	Rp197.57	Rp210.00	x
2014-12-31	Rp204.31	Rp210.00	x
2015-12-31	Rp238.63	Rp210.00	x
2016-12-31	Rp247.94	Rp210.00	x
2017-12-31	Rp246.32	Rp210.00	x
2018-12-31	Rp252.85	Rp210.00	x
2019-12-31	Rp264.35	Rp210.00	x
2020-12-31	Rp271.53	Rp210.00	x
2021-12-31	Rp284.23	Rp210.00	x
2022-12-31	Rp296.06	Rp210.00	x
2023-12-31	Rp326.07	Rp210.00	x
2024-12-31	Rp330.72	Rp210.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Budi Starch & Sweetener Tbk utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 4.14%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.54%
• Asset Turnover: 1.05x
• Equity Multiplier: 2.57x
Recent ROE (4.14%) is below the historical average (5.11%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	4.29%	0.77%	0.83x	6.69x	Rp-7.94 Billion
2003	2.84%	0.64%	0.68x	6.47x	Rp-10.26 Billion
2004	1.33%	0.27%	0.99x	4.97x	Rp-16.42 Billion
2005	1.15%	0.22%	1.05x	4.94x	Rp-17.52 Billion
2006	9.04%	1.93%	1.15x	4.07x	Rp-2.20 Billion
2007	7.38%	3.42%	0.91x	2.37x	Rp-16.42 Billion
2008	5.32%	2.13%	0.91x	2.74x	Rp-28.96 Billion
2009	19.66%	8.22%	1.11x	2.15x	Rp71.95 Billion
2010	6.04%	2.17%	1.08x	2.58x	Rp-30.19 Billion
2011	7.70%	2.36%	1.18x	2.77x	Rp-17.66 Billion
2012	0.62%	0.22%	1.00x	2.84x	Rp-76.05 Billion
2013	1.33%	0.42%	1.08x	2.94x	Rp-70.19 Billion
2014	3.33%	1.22%	0.92x	2.96x	Rp-55.84 Billion
2015	1.91%	0.82%	0.73x	3.18x	Rp-83.21 Billion
2016	3.11%	1.36%	0.84x	2.71x	Rp-74.65 Billion
2017	3.71%	1.64%	0.85x	2.65x	Rp-69.74 Billion
2018	4.23%	1.82%	0.78x	2.98x	Rp-65.69 Billion
2019	5.15%	2.04%	1.00x	2.52x	Rp-57.70 Billion
2020	5.12%	2.29%	0.92x	2.43x	Rp-59.66 Billion
2021	6.51%	2.47%	1.13x	2.34x	Rp-44.59 Billion
2022	6.68%	2.63%	1.07x	2.38x	Rp-44.24 Billion
2023	6.87%	2.56%	1.19x	2.27x	Rp-45.90 Billion
2024	4.14%	1.54%	1.05x	2.57x	Rp-87.17 Billion

Industry Comparison

This section compares Budi Starch & Sweetener Tbk's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

Industry: Packaged Foods
Average net assets among peers: $1,256,105,531,458
Average return on equity (ROE) among peers: 16.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Budi Starch & Sweetener Tbk (BUDI)	Rp1.69 Trillion	4.29%	1.38x	$55.27 Million
FKS Food Sejahtera Tbk PT (AISA)	$111.06 Billion	14.19%	3.64x	$972.99K
Estika Tata Tiara Tbk PT (BEEF)	$140.54 Billion	40.61%	3.91x	$97.07 Million
Formosa Ingredient Factory PT Tbk (BOBA)	$36.39 Billion	51.66%	0.55x	$18.56 Million
Eagle High Plantations Tbk (BWPT)	$5.80 Trillion	-7.76%	1.79x	$244.37 Million
Campina Ice Cream Industry Tbk PT (CAMP)	$552.84 Billion	9.54%	0.87x	$70.35 Million
Wilmar Cahaya Indonesia Tbk (CEKA)	$1.26 Trillion	14.42%	0.24x	$83.33 Million
Cisarua Mountain Dairy Tbk PT (CMRY)	$451.69 Billion	18.56%	0.46x	$1.97 Billion
Diamond Food Indonesia PT (DMND)	$2.93 Trillion	10.87%	0.44x	$357.85 Million
Morenzo Abadi Perkasa Tbk Pt (ENZO)	$27.66 Billion	0.78%	2.64x	$9.12 Million

About Budi Starch & Sweetener Tbk

JK:BUDI Indonesia Packaged Foods

Market Cap

$55.27 Million

Rp943.17 Billion IDR

Market Cap Rank

#21500 Global

#417 in Indonesia

Share Price

Rp210.00

Change (1 day)

+0.00%

52-Week Range

Rp200.00 - Rp242.00

All Time High

Rp289.80